Bai (Run-Off) Ltd

Reference number: 202061

Instant download

Authorised, but in a compromise arrangement

This firm has a formal arrangement with its creditors, which can limit what customers are able to recover from it. Check how it affects you before acting.

What the FCA says

ATTENTION - Firm in a compromise arrangement

This firm has entered into a statutory compromise arrangement with its creditors and/or shareholders. This means it has entered into an arrangement with its creditors and/or shareholders which has altered the rights and obligations of the parties. It has to continue to meet our standards in line with its regulatory status, including when dealing with its customers. Firms enter into a compromise arrangement for various reasons, so if you are a customer check with the firm to determine whether the compromise arrangement affects you.

Website, phone number and address

Compare these against whatever you were given. Scammers clone real firm names and reference numbers but use their own phone number and website, so a detail that does not match the register is the clearest warning sign there is.

In the full report: 3 background checks

  • When pwc.co.uk first appeared online, and whether it can receive email
  • What kind of line 020 7583 5000 is, and the 4 other firms that give it
  • Who else gives the postcode SE1 2RT
Instant PDF download
Other names (1)

If you were contacted under any of these names, it is this firm.

  • The Builders' Accident Insurance, Limited Former name

FCA permissions and consumer protection

  • Hold or safeguard your money FSCS may apply
    Eligible deposits are typically protected by the FSCS up to £120,000 per person, per banking group.
  • Manage or trade investments FSCS may apply
    Eligible investment and pension claims are typically FSCS-protected up to £85,000 per person, depending on the product and your circumstances.
  • Sell or arrange insurance FSCS may apply
    Eligible insurance claims may be FSCS-protected, often 90%, or 100% for compulsory or long-term cover.
  • Complaints Ombudsman, free
    You can refer a complaint about this firm to the Financial Ombudsman Service for free, whichever activity it relates to.
Show FCA detail (3 permissions)
  • Accepting Deposits
  • Carrying out contracts of insurance
  • Dealing in investments as principal

FCA disciplinary action and complaints

No FCA disciplinary action.

The Financial Ombudsman Service only publishes complaint figures for firms with 30 or more new complaints in six months, so there are none here for this firm.

Companies House record

The company behind the firm: its status, age, registered office and directors.

Company number
00015228
Company status
Active
Company type
Private company limited by guarantee
Incorporated
12 April 1881 (145 years old)
Registered office
Matches the FCA register address ✓
Nature of business
  • Non-life insurance (SIC 65120)

Directors and company secretaries

Name Role Born Appointed Other companies
Keith Hamilton White Director Aug 1944 17 Jun 1993 2 other companies
John Arthur Goodwin Director Jul 1943 17 Aug 1995 11 other companies
Gary Ronald Bray Director Jan 1961 14 Sep 2023 None
John Arthur Goodwin Secretary Not published 1 Dec 1994 11 other companies

Other companies run by these 3 directors

A firm is run by people, and their other companies are their track record: what they built, what closed, and anything that failed. It is the check most people never think to make.

other companies
11
closed down
4
is FCA-registered
1

In the full report: all 11 companies, named

  • What each company does, and whether it is still trading
  • Which of these 3 directors sit on each board, and since when
  • Any that went into liquidation or administration
  • The one on the FCA register
  • The 2 companies these 3 directors run together
  • All 10 people who have ever been directors, with their dates
Instant PDF download

Key dates in its history

Bai (Run-Off)’s history from the FCA register and Companies House, newest first.

Key events (7) All events (21)

2013

1 April 2013

  • Regulated by the FCA from this date
  • Regulated by the Prudential Regulation Authority from this date

FCA register

2001

1 December 2001

  • Regulated by the Financial Services Authority from this date
  • Became authorised by the FCA

FCA register

1995

4 September 1995

  • Changed its registered name from "The Builders' Accident Insurance, Limited"

FCA register

1901

1 January 1901

  • Supervised by HM Treasury under the money laundering rules from this date

FCA register

1881

12 April 1881

  • Incorporated at Companies House

Companies House

In the full report: all 21 events

  • All 21 events in its history (7 shown here)
  • Every director appointment and resignation: 11
Instant PDF download

Firms connected to Bai (Run-Off)

Other FCA-listed firms that share a director, phone number or address with Bai (Run-Off). A link shows who the firm is tied to, not whether either can be trusted.

connected firms
4
share its phone number
4
share its postcode
3

In the full report: all 4 connected firms, named

  • How each is linked: the same phone number (4), the same postcode (3)
  • Who links each one: the named directors, with dates
Instant PDF download

Firms like Bai (Run-Off)

Other firms of the same type (insurer), nearest first.

In London

Cx Reinsurance Company Limited.LondonAuthorisedUBS Asset Management Life LtdLondonAuthorisedNavigators Insurance CompanyLondonAuthorisedChubb European Group SELondonAuthorisedChubb Life Europe SELondonAuthorisedFederal Insurance CompanyLondonAuthorised

Firms are listed by type and location, best known first. Being listed is not a recommendation: check any firm before you deal with it.

Get the full report on Bai (Run-Off)

Everything on this page, plus everything locked above, in one dated PDF you can keep, file or send on.

  • 11 other companies its directors have run, named
  • 3 background checks on its contact details
  • All 21 events in its history
  • 4 connected firms, named, and who links them

Instant PDF One-off payment Secure checkout by Stripe

Frequently asked questions about this firm

Is Bai (Run-Off) Ltd FCA authorised?
Yes, Bai (Run-Off) Ltd (FRN 202061) is authorised by the FCA to carry out regulated activities. It has held its current authorisation since December 2001 and works as an insurer. The FCA has placed no limits on its permissions.
What is Bai (Run-Off)’s phone number and website?
The FCA register lists the phone number 020 7583 5000 and the website pwc.co.uk/services/business-restructuring/insights for Bai (Run-Off). If you were given different contact details, use these to check with the firm before going any further. The same number is also given by 4 other FCA firms.
Is Bai (Run-Off) a scam or clone?
Bai (Run-Off) is a genuine FCA-listed firm, and the FCA has published no warnings about fake versions of it. Scammers do copy real firms, though, so check that any contact details you were given match the ones on the register.
Is my money safe with Bai (Run-Off)?
It may control client money but not hold it. It depends on the product, but eligible claims may be protected by the FSCS. You can also refer complaints about Bai (Run-Off) to the Financial Ombudsman Service, free of charge.
Who runs Bai (Run-Off)?
Companies House lists 3 directors of Bai (Run-Off): Keith Hamilton White, John Arthur Goodwin and Gary Ronald Bray.
How long has Bai (Run-Off) been in business?
The company was formed on 12 April 1881, and has held its current FCA authorisation since December 2001.
Does Bai (Run-Off) use any other names?
It has previously used the name The Builders' Accident Insurance, Limited.

Sources and links

The full report on Bai (Run-Off) Ltd

£19.99 · Instant PDF download

Loading secure checkout…